• Rhynoplaz@lemmy.world
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    17 days ago

    Elon just seems like the most out of touch person on the planet.

    “Americans love memes and dogs! I’ll name my government demolition squad after a meme dog! They’ll love it!”

    “Why don’t they love it?”

    • Flax@feddit.uk
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      17 days ago

      It was made by two software engineers as a joke parodying cryptocurrencies in 2013. One of them called musk a self-absorbed grifter.

      • osaerisxero@kbin.melroy.org
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        16 days ago

        This, it was explicitly supposed to be a joke coin. The fact that it trades fairly consistently (if at low value) is kind of an abberation

        • HakFoo@lemmy.sdf.org
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          16 days ago

          When it was new it had minor charm-- the idea it was cheap and there were trillions of coins in circulation made it so penny-ante that people could have fun with it, and experiment with the tech on a tiny budget.

          I played a little with it back in 2014 or so. You could buy some by interacting with a Reddit bot, and I mined a few coins on a GTX 660 (midrange gaming card for the day.

          I recall sending 5000 coins to a local dogs-rescue that tried to join on the novelty, and paying for some used RAM in part with it.

          By then BTC was basically unplayable without a rack of ASICs and it was already moving past the “currency” phase straight to “speculative asset”.

  • Flax@feddit.uk
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    17 days ago

    She has an Instagram page.

    I think the term “Doge” existed separately to the picture of Kabosu, but then was attached to it and popularised.

    Granted, the intention of the creator of dogecoin was likely related to the meme anyway. Like a lot of people for example would write something like “Abide With Me piano cover” or “Danny Boy piano cover” when the tune to those songs are Eventide and Londonderry Air. Abide With Me and Danny Boy are texts which quickly got associated with the tune.